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2020 Joint Facility Fund with United Nations

2020 Joint Facility Fund

Cost Sharing Projects between UN agencies and Kurdistan Regional

The Kurdistan Region 2020 Joint Programming Facility (hereafter the Facility) is established in 2013 to support the achievement of the “Kurdistan Region of Iraq (KR-I) 2020,which presents the vision of KR-I and its policy priorities for the five-year period 2013-2017. The Facility aims at leveraging UN expertise for the achievement Vision 2020 under the leadership of the KRG Ministry of Planning (KRG MoP).

At the first Steering Committee meeting on February 2014, out of 22 project proposals and Joint Projects, 13 Projects/ Joint Projects approved by the SC Chairs. The official starting of the projects was in Sep 2014.

The Facility will be the primary financing mechanism between KRG and the UN agencies to achieve the common strategic priorities determined by the Kurdistan Vision 2020 and UNDAF. It is the first co-financing Facility, capitalized primarily from the KRG Investment budget, with UN counterpart contributions contributing to joint programming in the KR-I.